American Security Resources Corp (ARSC.OB) Announces New Acquisition
American Security Resources Corp (ARSC.OB) announced that the company has entered into a lease purchase agreement for a new industrial facility. This facility, 31,600 square feet, will be primarily used by their wholly owned subsidiary - Hydrogen Corp. Furthermore, this building is to be acquired from the Meigs County Community Improvement Corporation with a lease-purchase agreement funded by a low interest State of Ohio loan. Benjamin Schafer, president of American Hydrogen and CTO of Hydra Fuel Cell, stated, "This building gives us the space we need to develop our processes for the large industrial applications we have identified. We will…